Bryan Hylenski
Quick Question for Quickbook experts!
Hello AllTwo tenants. 1. Move out Tenant, left the place a mess. House needed cleaning, so we billed him 75$ for cleaning penalty fee.2 Move-in Tenant said she would clean the place herself in exchange for the 75$...
Sarah Jones
lease option - risk explained
I'm trying to understand how sandwhich lease option works and responsibilities...
1. A condo that is listed on the MLS for $218k and not being sold so they drop it to $200k... The seller doesn't know if it will appr...
Jade Davis
For LL's that manage their own properties-- what do you use to handle finances?
Hi fellow BP'ers!After much hemming and hawing about it, I decided that I would like to manage our first property on my own in the beginning rather than hire a property manager from the get-go. I want to at least know...
Joshua Cook
Interest Paid vs. Asset Gained. What would you do?
My Current Real Scenario:I have a primary residence in FL with a VA home loan attached to it with a 2.2% interest and only 10% of my money in the home and the value, though dropping, is almost double the mortgage. My ...
Anthony Parr
Arguing for Rentals vs Flips
My wife and I started a few companies. The company that she leads is for flips, and the company that I lead is for rentals. We look at properties as a team and evaluate their potential through those two lenses. How...
Casey Nordendale
How far is too far away to own rental properties?
Hi everyone, I am new to this game and my wife and I were looking to buy our first buy and hold residential property in the next year or so. As we have been educating ourselves, it has become clear that as a best prac...
James Carlson
Call to action! Sudden shift in Colorado Springs' STR rules?
Short-term rental regulations in Colorado Springs took another sudden turn for the worse last week. If you own an STR in Colorado Springs or want to in the future, now's the time to make your voice heard. (See end for...
Alan Daniels
Realtors buying SFH "subject to"
BP,
Hope everyone is gearing up to have a great, happy, and non-political :) Holiday season!
I wanted to get everyone's thoughts on being a Realtor and what the "status quo" (for a lack of a better word) is regardi...
Glidden Rivera
Any one offer owner financing as part of their income strategy?
I think becoming the bank presents an opportunity for me but also to help people.Currently I have a tenant who has some credit challenges, they have occupied my property almost 5yrs with no missed payments, no headach...
Ben Sears
BRRRR Purchase and Remodel in Farmville, Virginia
We're currently in closing on this property outside of Farmville, Virginia. We purchased this property from a friend that we have purchased from before. She has a HUGE portfolio (30+) of houses that are in significant...